The Membership Engagement Advisory Group presents the CFA Society Chicago Book Club. All our welcome to join this group of avid readers of non-fiction, and finance-related literature to come together and exchange ideas, challenge one another’s beliefs, and engage in well-intentioned discussions. Our first meeting will be held at 33 N La Salle St Suite 910, Chicago, IL 60602 (CFA OFFICE) and we ask that participating members come prepared to discuss book tiitled, The Banker’s New Clothes by Anat Admati and Martin Hellwig.
About The Banker’s New Clothes:
A Wall Street Journal, Financial Times, and Bloomberg Businessweek Book of the Year.
New bank failures have been a rude awakening for everyone who believed that the banking industry was reformed after the Global Financial Crisis—and that we’d never again have to choose between massive bailouts and financial havoc. The Bankers’ New Clothes uncovers just how little things have changed—and why banks are still so dangerous. Writing in clear language that anyone can understand, Anat Admati and Martin Hellwig debunk the false and misleading claims of bankers, regulators, politicians, academics, and others who oppose effective reform, and they explain how the banking system can be made safer and healthier. Thoroughly updated for a world where bank failures have made a dramatic return, this acclaimed and important book now features a new preface and four new chapters that expose the shortcomings of current policies and reveal how the dominance of banking even presents dangers to the rule of law and democracy itself.